With all eyes on bitcoin’s dramatic bid to surpass its all-time-high, most altcoins are very much playing second fiddle. However, the combined market cap of the altcoins is solidly moving higher. Is now the time to unleash the alts?
A window for the alts to thrive
Obviously, the bitcoin drama is still on. The failure to make the all-time-high is only postponed for now, and all the while that $BTC accumulates underneath the summit, the altcoins can enjoy themselves.
In fact, even if $BTC does surpass its high from the last bull market, as long as it then enters a period of calmer, sideways action, the altcoins have a chance to thrive.
Source: Coingecko/Trading View
The Bitcoin Dominance chart is the first place to look in order to find out the health of the altcoins in relation to $BTC. In this long term picture we can see that dominance has stalled at the 54% resistance, at least for now. However the trend is still up until it’s broken. Therefore, we should maybe expec
We współpracy z: https://cryptodaily.co.uk/2024/03/altcoins-are-finally-getting-going-move-over-bitcoin
